Friday, March 26, 2010


Open skies agreement reached.
  • The Obama Administration is going to require lenders to temporarily cut or eliminate mortgage payments for the unemployed. Politically popular, economically idiotic. 
  • Almost 2,000 House of Representatives staffers made at least $100K last year. 
  • Good news: the U.S. and European Union have agreed to expand an open skies agreement to further increase competition in transatlantic aviation. Still no cabotage, however.

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